Company Overview: Adaxa Home is a Scottsdale-based mortgage brokerage focused on providing buyers and investors with a simplified, insightful financing experience. With access to over 160 lenders and banks, Adaxa provides "unmatchable" options across Conventional, Government, and Non-QM loan products.
Position Summary:
As a Mortgage Loan Officer, you will be responsible for sourcing, advising, and managing mortgage loan applications from initial contact through closing. You will leverage Adaxa’s extensive lender network to find the most efficient and cost-effective financing solutions for clients nationwide (depending on licensing).
Pay:
- This is a 100% commission based role
- 250+ BPS
- Average MLO's at Adaxa are making between $20,000-$30,000 per month with top performers making $50,000+ per month
- Company leads can be provided and purchasable leads available
Key Responsibilities:
- Pipeline Management: Manage a personal pipeline of residential mortgage loans (Purchase and Refinance).
- Advisory: Consult with clients to understand their financial goals and present loan options from Adaxa’s 320+ available loan products.
- Lead Conversion: Proactively follow up on company-provided leads or cultivate your own referral network (Realtors, CPAs, etc.).
- Documentation: Collect and review initial financial documents (pay stubs, tax returns, bank statements) to ensure files are "underwriter-ready."
- Compliance: Maintain strict adherence to federal and state regulations (RESPA, TILA, HMDA) and internal Adaxa policies.
- Communication: Act as the primary point of contact for the borrower, providing transparency and updates throughout the process.
Required Qualifications:
- Licensing: Active NMLS license (multiple state licenses preferred, particularly AZ, CA, CO, FL, OR, WA )
- Experience: 1-2+ years of experience in mortgage loan origination, preferably in a brokerage or multi-lender environment.
- Product Knowledge: Proficiency in Conventional (Fannie/Freddie), FHA, VA, USDA, and Non-QM (Bank Statement loans, DSCR for investors).
- Tech Savvy: Ability to work remotely or in person using modern LOS (Loan Origination Systems), CRMs, and video conferencing tools.
- Skills: Strong analytical skills to calculate DTI ratios and analyze complex tax returns.
Company Description
The Adaxa Home Vision
At Adaxa our vision is to provide today’s real estate owner and consumer with what they deserve, a first-class professional service through the financing process from start to finish.
It's Time to Rethink the Process
Throughout decades of exponential growth within the mortgage industry, the process of obtaining real estate financing is inevitably evolving. The modern consumer currently faces unprecedented levels of engagement from highly competitive U.S. Mortgage Lenders. This has created an overwhelming environment that can be very time consuming and oftentimes delusive.
Our Strategy and Solution
We saw an opportunity to give back to the consumer a service that provides an advantage in all aspects of the transaction. We have formed a team of industry experienced individuals that concentrate on your goals, provide an insightful and simplistic process while providing you the most efficient options. Altogether producing unmatchable savings, convenience and confidence.